Facebook has boosted the size of its IPO by 25 percent, aiming to raise as much as $16 billion, Reuters reports.
Not all of Facebook’s early investors are young, Silicon Valley entrepreneurs. A Russian steel tycoon and his partners will be among those reaping the IPO rewards as well, according to The New York Times.
As Facebook tries assure investors, GM says Facebook advertising isn’t worth it, The Wall Street Journal reports.
Facebook’s success depends on its users’ data, The New York Times reports.
And the social network giant has turned into a research and development machine, The Wall Street Journal says.
The FCC wants more details in advance of Verizon’s planned acquisition of spectrum from cable companies, Reuters reports.
Is Comcast prioritizing its own content on its broadband network, as some bloggers allege? GigaOm takes a look.
Samsung stock tumbled after Apple placed an order with a competing chip maker, Reuters reports.
Could viruses power your cellphone? Berkeley scientists explain their findings here.